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Active
$430,000
/mo Edit
Commercial:  2 Stories
Built 1948
0.23 acres
Lake Superior schools
MLS# 7096064
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    Property Description

    Surrounded by breathtaking beauty, a unique opportunity awaits to own a versatile piece of commercially zoned real estate along Lake Superior’s North Shore in Beaver Bay. Tucked just inland from the shoreline, it features a solid home ready for thoughtful updates, a two-stall garage, an additional slab awaiting a new home or outbuilding, two septics and two wells, and a large pole barn perfect for storage, a workshop, or creative ventures. Whether you envision a comfortable year-round residence, a peaceful weekend escape, an income-producing rental, or other business venture, this property provides a strong foundation to bring your vision to life. Located in one of Minnesota’s most desirable regions, this property provides convenient access to pristine state parks such as Gooseberry Falls and Split Rock Lighthouse, as well as the renowned Superior Hiking Trail. Just steps away, the charming local shops and unique character of Beaver Bay add to the area’s appeal. No matter what your vision is, you will discover an excellent opportunity to embrace

    Listing

    Contingency: None
    City: Silver Bay
    County: Lake
    State: MN
    Property Style: 2 Stories
    Zip Code: 55614

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24 x 24
    Garage Size: 576 ft2
    Foundation Size: 2,208 ft2
    Foundation Dimensions: 30 x 38
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Gravel

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.23
    Geolocation: 47.268538, -91.282219
    Inclusions: Building, Land
    Lot Dimensions: 4.43
    Addl Parcels: 26550707310
    Zoning:
    • Business/Commercial
    • Residential-Single Family

    Schools

    School District: 381
    District Phone: 2188348216

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,796
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,796

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Residential
    Fuel System: Propane
    Sewer System: Mound Septic
    Available Utilities: Electric Common
    Water System:
    • Drilled
    • Shared System

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Adolphson Real Estate, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.